IPO Price History
Closed
KRN Heat Exchanger and Refrigeration Limited logo

KRN Heat Exchanger and Refrigeration Limited IPO

Mainboard IPOListedKRNNSE
Current Market Price (CMP)
₹1,018.50(+362.95%)
Current Price (CMP)
₹1,018.50(+362.95%)

Live Market Quote

Listing Price & Gain
₹480(+118.18%)

Day 1 Exchange Open

IPO Issue Price
₹220

Band: ₹209 - ₹220

Total Subscription
214.42x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
25 Sept 2024
IPO Bidding Closes
27 Sept 2024
Allotment & Refunds
Completed
Exchange Listing Day
03 Oct 2024

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 214.42x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)253.04x
Non-Institutional Investors (NII / HNI)431.63x
Retail Individual Investors (RII)98.29x
Total Subscription214.42x
Updated as on 27-Sep-2024 19:00:00

Listing Day & Return Performance

Listing Day Gain+118.18%
₹220 (Issue) → ₹480 (List)
Per share profit: +₹260.00
Holding Return (Till Date)+362.95%
₹220 (Issue) → ₹1,018.50 (CMP)
Net gain per share: +₹798.50
Post-Listing Performance (Listing Day → Today):+112.19%

About KRN Heat Exchanger and Refrigeration Limited IPO

KRN Heat Exchanger and Refrigeration Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 25 Sept 2024 and concluded on 27 Sept 2024, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹209 - ₹220.

During the bidding window, KRN Heat Exchanger and Refrigeration Limited witnessed heavy demand with an overall subscription of 214.42 times. Institutional investors (QIB) subscribed 253.04x, non-institutional high-net-worth investors (NII) subscribed 431.63x, and retail individual investors (RII) bid 98.29x their reserved quota.

The equity shares of KRN Heat Exchanger and Refrigeration Limited officially debuted on the stock exchanges on 03 Oct 2024 at an opening listing price of ₹480, delivering a listing day return of +118.18% (premium) over the final issue price. As per the latest market data, the stock trades at ₹1,018.50, representing an overall gain of +362.95% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of KRN Heat Exchanger and Refrigeration Limited IPO?
The issue price of KRN Heat Exchanger and Refrigeration Limited IPO was fixed at ₹220 per equity share. The indicative bidding price band was ₹209 - ₹220.
What were the open, close, and listing dates for KRN Heat Exchanger and Refrigeration Limited IPO?
KRN Heat Exchanger and Refrigeration Limited IPO opened on 25 Sept 2024, closed on 27 Sept 2024, listed on 03 Oct 2024.
How much was KRN Heat Exchanger and Refrigeration Limited IPO subscribed?
The IPO received an overall subscription of 214.42 times. Category-wise, QIBs subscribed 253.04x, NIIs subscribed 431.63x, and Retail investors subscribed 98.29x.
What was the listing price and listing gain of KRN Heat Exchanger and Refrigeration Limited IPO?
KRN Heat Exchanger and Refrigeration Limited IPO listed on the stock exchange at ₹480, delivering a listing gain of 118.18% compared to the IPO issue price of ₹220.
Is KRN Heat Exchanger and Refrigeration Limited IPO a Mainboard or SME IPO?
KRN Heat Exchanger and Refrigeration Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of KRN Heat Exchanger and Refrigeration Limited IPO since its IPO?
At the latest market quote of ₹1,018.50, KRN Heat Exchanger and Refrigeration Limited IPO has generated an all-time return of +362.95% since its initial public offering.

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